Early losses re­cov­ered by end of trade

Kathimerini English - - Focus -

In­ter­na­tional mar­kets soon re­cov­ered from yes­ter­day morn­ing’s US elec­tion shock drop, and the Greek bourse fol­lowed suit, re­duc­ing the bench­mark’s losses to a min­i­mum at the end of the ses­sion, on what was a day of in­creased trad­ing vol­ume.

The Athens Ex­change (ATHEX) gen­eral in­dex closed at 581.92 points, shed­ding just 0.05 per­cent from Tues­day’s 582.20 points. The large-cap FTSE 25 in­dex ex­panded 0.21 per­cent to 1,540.01 points, while mid-caps shrank 1.09 per­cent.

Be­sides the re­bound on Euro­pean bourses, in oil prices and in Wall Street fu­tures, the ap­point­ment of Panayi­o­tis Tho­mopou­los as pres­i­dent of Na­tional Bank of Greece helped the banks in­dex add 0.16 per­cent: Na­tional climbed 1.09 per­cent and Pi­raeus rose 0.67 per­cent, while Eurobank fell 0.97 per­cent.

Other blue chip stand­outs yes­ter­day were OPAP gam­ing com­pany (up 3.57 per­cent), Ti­tan Ce­ment (up 2.78 per­cent), Jumbo (down 2.29 per­cent) and Folli Fol­lie (down 1.78 per­cent).

In to­tal, 38 stocks recorded gains, 48 sus­tained losses and 28 re­mained un­changed.

Turnover amounted to 40 mil­lion eu­ros, up from Tues­day’s 24.9 mil­lion.

The gen­eral in­dex of the Cyprus Stock Ex­change in Nicosia in­creased 0.12 per­cent to close at 66.35 points.

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